Oil prices on a rollercoaster ride

The price of Brent crude hit a four year high on Thursday before falling back. Markets were reacting to comments from President Trump about maintaining Strait of Hormuz blockade.Gulf oil producers are running out of storage space for oil production, as exports remain restricted.And Saudi Arabia is pulling its funding of the LIV golf tour, after investing around six billion dollars since 2021.

Jerome Powell says he will continue to stay on as Federal Reserve Governor, even after his chairmanship ends. We look at what this means for the future of the US central banking system. Three ships have been hijacked off the coast of Somalia in the past week. We look into concerns of maritime piracy in the area, as experts warn reduced naval patrols could be creating an opening for armed groups. And we go to India where we hear how the glass industry has been suffering due to the war between the US, Israel, and Iran.(Image credit: Jerome Powell, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, April 29, 2026. Photographer: Daniel Heuer / Bloomberg via Getty Images)

Oil prices have jumped despite the UAE exit from the OPEC groups of oil producing countries - we'll be looking at why. And more pressure is pilling on social media as a report finds Meta is in breach of EU law for failing to stop under 13 from using Facebook and Instagram. Presenter: Sarah Rogers Producer: Victoriya Holland Editor: Justin Bones

The United Arab Emirates is leaving OPEC and OPEC+ after nearly 60 years of membership, we find out what triggered them to leave. In the US, we hear what is being said in the major court battle between Elon Musk and ChatGPT founder Sam Altman. And we ask if lab-grown diamonds are better for the environment.[Picture: An oil drum with featuring the logo of the Organization of the Petroleum Exporting Countries (OPEC). Photo credit: Andrey Rudakov/Bloomberg via Getty Images.]

The United Arab Emirates (UAE) has said it is quitting the Opec and Opec+ groups of major oil producing nations after nearly 60 years.As people continue to feel the pain at the pumps, energy giant BP has announced massive profits - meanwhile oil prices continue to climb.And with the World Cup just weeks away there's a race to finish Mexico City's airport and stadium before kick off.

Diamond mines across Sierra Leone are closing, deepening economic uncertainty and raising fears of further conflict. Our presenter Ed Butler travels to the country’s mining region to uncover what’s behind the shutdowns.In the US, a court case is underway between the world’s richest man, Elon Musk, and the head of OpenAI, Sam Altman.And amid ongoing LNG export uncertainty, could coal be on the rise again? We find out what this means for countries in Asia and a mining community in America.

Airlines could start going bankrupt the boss of one aviation company tells World Business Express. And why two tech titans are heading to the courts in California. Presenter: Sarah Rogers Producer: Victoriya Holland Editor: Justin Bones

US consumers are feeling less confident about their economy than at any other time. We hear from researchers and businesses about why war in the Middle East is making households fearful of the cost of living and rising energy prices. And, we hear from one of the bosses of electric vehicle giant BYD about how its performing amid the global shift away from fossil fuels. Also, how table-top board game Warhammer is riding the zeitgeist to win new fans.

The Bank of England expects stock markets around the world to fall as share prices are not reflecting the many risks facing the world economy, so says the Bank of England Deputy Governor and head of financial stability Sarah Breeden. It is unusual for a senior figure at the Bank to be so forthright on market movements. Breeden, who is also the Bank's head of financial stability, declined to say when she expected markets to fall or by how much, but pointed to a number of factors that markets seemed complacent about. The Chinese artificial intelligence company, DeepSeek, has released a preview version of its long-awaited new model, allowing users to test its capabilities and features. DeepSeek introduced its first open source model last year, causing turmoil in western tech markets because of its matching capabilities with American rivals and low cost. The firm says its V3 model achieves strong performance against others. And one of the world’s biggest car shows has been showcasing the very latest electric car technology. The timing of the Beijing show is pivotal - as the Iran war pushes up fuel prices, global demand for EVs is accelerating.Presenter: Leanna Byrne Senior producer: Craig Henderson

Shareholders of Warner Brothers Discovery have approved its sale to media conglomerate Paramount Skydance, with the merger valued at $110 billion. Rahul Tandon looks at what the deal could mean for competition, content and consumers.Also, BP suffers a shareholder rebellion over climate reporting.And Meta announces plans to cut around 10% of its workforce.(Picture: The studio lot at Warner Bros. Studios is seen in Los Angeles, California, USA, 23 April 2026. Credit: CHRIS TORRES/EPA/Shutterstock)